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Author Topic: Learn and understand before trading.  (Read 1211 times)
Crytohillss
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Today at 06:42:42 AM
 #141

First you need to know the basics about trading, then you need to trade, most new people do not pay much attention to all these things, so they are at risk. First you need to learn about trading and then you need to start trading with small capital, you need to limit the risk in each trade, control your emotions and keep a good plan. There are many people who plan to get rich quick by trading, they face challenges and lose money. In trading, you should never work randomly, but analyze everything and then trade with experience. If you do not know how to acquire trading education first, then trading later is risky and you can lose money at any moment, so it is important to learn first. When you have complete knowledge about trading, you will definitely not be in the era of losing money, moreover, controlling yourself is the most important thing.
A lot of new investors focus on the profits and overlooked the important of education  risk management and discipline , trading isn't a shortcut to wealth it's a skill that takes some time to develop. Beginning little managing emotions and sticking to a strong plan can make a big difference in the long term. The market will always be there so learning first and trading responsibly is smarter method.

yixichloro2xx
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Today at 08:04:01 AM
 #142

‎Everything you've said is true, I feel that some people knows about this but still chose to be ignorant, whereby they will just jump in blindly with the feeling that they will figure it out along the way. I think the problem currently now is not even about the lack of knowledge, because we have Internet, we can learn from anywhere.  But it's more about patience, most people just want to see that fast profits, so they don't want practice with demo , what they want is to start with real money and be expecting profits. Even someone who has good knowledge still face this kind of impatience challenges too. Trading is very risky it requires enough patience, mental stability and knowledge to be able to profit with it.

ruykeri
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Today at 08:44:47 AM
 #143

‎Everything you've said is true, I feel that some people knows about this but still chose to be ignorant, whereby they will just jump in blindly with the feeling that they will figure it out along the way. I think the problem currently now is not even about the lack of knowledge, because we have Internet, we can learn from anywhere.  But it's more about patience, most people just want to see that fast profits, so they don't want practice with demo , what they want is to start with real money and be expecting profits. Even someone who has good knowledge still face this kind of impatience challenges too. Trading is very risky it requires enough patience, mental stability and knowledge to be able to profit with it.

I don't believe in this type of trading. I don't see anyone who has made a profit by trading. In the long run, they have been seen to suffer losses more. So I think you should not trade on any kind of nonsense platform or asset. Rather, you should invest in assets where there is a high probability of output. And spending time every day behind trading will increase your mental stress. Instead of doing that, it would be much more beneficial to spend that time on some other productive work. But people make such risky decisions in the hope of getting rich very quickly and earning a lot of money, which causes a lot of damage in the long run.

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